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RBS fails Bank of England stress test, must bolster capital

(Source: www.businesstimes.com.sg)

Royal Bank of Scotland will have to bolster its capital holdings after it failed this year’s stress test of seven British lenders, the Bank of England said on Wednesday. 506 more words

Money Matters

Turns out the Chinese government is behind a major deal for a US tech company

(Source: www.businessinsider.com)

SAN FRANCISCO/NEW YORK/HONG KONG (Reuters) – Canyon Bridge Capital Partners, a buyout fund that agreed to acquire U.S.-based chip maker Lattice Semiconductor Corp for $1.3 billion earlier this month, is funded partly by cash originating from China’s central government and also has indirect links to its space program, Chinese corporate filings show. 1,007 more words

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Swissco's applications for interim judicial managers to be heard in court on Friday

(Source: www.businesstimes.com.sg)

Swissco Holdings said on Thursday its court applications to appoint interim judicial managers will be heard in the High Court on Nov 25. 105 more words

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Swissco Holdings files for judicial management

(Source: www.straitstimes.com)

Beleaguered marine firm Swissco Holdings applied to be placed under judicial management yesterday as it struggles to stay afloat amid a sea of red ink. 403 more words

Current Affairs

Ezion, Swissco in legal spat over joint ventures

(Source: www.businesstimes.com.sg)

A LEGAL spat is developing between two listed offshore and marine groups, Swissco Holdings and Ezion Holdings, over claims tied to their offshore drilling joint ventures. 272 more words

Money Matters

Key Maritime Plays Gained 5% on Wednesday | SGX My Gateway

(Source: sginvestors.io)

BY |
SGX My Gateway

PUBLISHED ON | 17 November 2016

17 November 2016

  • On Wednesday, trading volume of COSCO Corporation (Singapore) was almost triple its three month average volume, and trading volume of Yangzijiang Shipbuilding Holdings was more than double its three month average volume.

  • 961 more words
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Swiber Holdings under investigation by CAD

(Source: www.businesstimes.com.sg)

The Commercial Affairs Department (CAD) has contacted mainboard-listed offshore and marine (O&M) group Swiber Holdings over a probe into an offence under the Securities and Futures Act (SFA). 628 more words

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